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BlackRock Limited Duration Income Trust

48 hedge funds and large institutions have $110M invested in BlackRock Limited Duration Income Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 6 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 6

6% more capital invested

Capital invested by funds: $103M → $110M (+$6.29M)

0.85% more ownership

Funds ownership: 16.28%17.13% (+0.85%)

2% less funds holding

Funds holding: 4948 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
48
Holders Change
-1
Holders Change %
-2.04%
% of All Funds
1.38%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
27
Reduced
6
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$26.4M +$5.68M +328,746 +27%
U
2
UBS
Switzerland
$16.9M +$2.31M +133,435 +16%
Invesco
3
Invesco
Georgia
$16.6M +$623K +36,090 +4%
GC
4
Guggenheim Capital
Illinois
$7.54M +$1.74M +100,758 +30%
SCM
5
Saba Capital Management
New York
$6.95M -$8.51M -492,410 -55%
HC
6
Highmount Capital
New York
$4.68M +$718K +41,540 +18%
AAM
7
Advisors Asset Management
Colorado
$4.07M +$1.01M +58,473 +33%
CIA
8
Capital Investment Advisors
Georgia
$3.98M +$5.96K +345 +0.2%
Bank of America
9
Bank of America
North Carolina
$2.91M +$829K +48,005 +40%
SFS
10
Shaker Financial Services
Virginia
$2.34M -$1.46M -84,630 -38%
Wells Fargo
11
Wells Fargo
California
$2.07M +$122K +7,063 +6%
RJA
12
Raymond James & Associates
Florida
$1.76M +$406K +23,476 +30%
LPL Financial
13
LPL Financial
California
$1.63M +$148K +8,581 +10%
Cohen & Steers
14
Cohen & Steers
New York
$1.47M
RJFSA
15
Raymond James Financial Services Advisors
Florida
$1.4M +$90.4K +5,233 +7%
SG Americas Securities
16
SG Americas Securities
New York
$1.06M +$280K +16,216 +36%
WFG
17
Wills Financial Group
Virginia
$895K +$492K +28,462 +122%
IAS
18
IMA Advisory Services
Colorado
$780K +$471K +27,280 +153%
PMG
19
ProVise Management Group
Florida
$670K +$239K +13,836 +56%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$482K +$7.07K +409 +1%
FFA
21
First Foundation Advisors
California
$470K +$50.1K +2,902 +12%
UCFA
22
United Capital Financial Advisors
Texas
$441K +$441K +25,528 New
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$421K +$282K +16,347 +205%
HCM
24
Hollencrest Capital Management
California
$374K -$19.7K -1,140 -5%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$368K +$149K +8,634 +68%

BLW Hedge Fund Activity: Q2 2014 in Review

48 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q2 2014, worth a combined $110M — up 6.1% from $103M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of BLW and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 27 added.

The largest buyer was Morgan Stanley, adding an estimated $5.68M. The largest seller was Saba Capital Management, cutting an estimated $8.51M.

  • 48 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q2 2014, down from 49 in Q1 2014.
  • Funds reported $110M of BlackRock Limited Duration Income Trust stock for Q2 2014, up 6.1% quarter-over-quarter.
  • 5 funds opened new BlackRock Limited Duration Income Trust positions in Q2 2014 and 6 closed out, a net change of -1 holder.
  • The largest BlackRock Limited Duration Income Trust buyer in Q2 2014 was Morgan Stanley, an estimated $5.68M added.
  • The largest BlackRock Limited Duration Income Trust seller in Q2 2014 was Saba Capital Management, an estimated $8.51M sold.

Based on aggregated 13F filings for Q2 2014.